Business

Naira To Dollar Black Market Rate Today 21st October 2023

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 20th October below. You can swap your dollar for Naira at these rates.

How much is a dollar to naira today in the black market?

Dollar to naira exchange rate today black market (Aboki dollar rate):

The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1160 and sell at N1170 on Friday, 20th October 2023, according to sources at Bureau De Change (BDC).

Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.

Dollar to Naira Black Market Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1160
Selling Rate N1170

Dollar to Naira CBN Rate Today

Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate 881
Selling Rate 882

Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.

Your Decision Will Collapse The Economy – MAN Warns FG Over CBN Dollar Policy On 43 Items

The Manufacturers Association of Nigeria (MAN) has warned the Federal government against its decision to lift the ban on foreign exchange restrictions on 43 items placed by the Central Bank of Nigeria (CBN).

The Vice Chairman of Basic Metal, Iron and Steel Products sector of the Manufacturers Association of Nigeria (MAN), Lekan Adewoye cautioned the federal government to reverse its decision in order to save the nation from looming job crisis, insecurity and outright collapse of the nation’s economy.

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